Five Most Unusual Volume Leaders (EK, HAIN, HGSI, SIRI, VG)
We are seeing many unusual winners and losers today on exponential trading volume gains. Five of the more unusual movers on strong volume as of 3:20 PM EST today are as follows: Eastman Kodak Co. (NYSE: EK), The Hain Celestial Group, Inc. (NASDAQ: HAIN), Human Genome Sciences Inc. (NASDAQ: HGSI), SIRIUS XM Radio Inc. (NASDAQ: [...]
SIRIUS XM Losing Momentum (SIRI)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is still active but is also petering out from the gains over the last week. We are still awaiting the ‘product announcement’ from the company. At 9:01 AM EST we have seen some 700,000 shares trade hands. We have a drop of about 0.6% at $0.691… Prior Hi/Low and [...]
LDK Runs on China News (LDK)
LDK Solar Co., Ltd. (NYSE: LDK) is up big on news out of China. LDK has entered into an agreement with Yancheng City of Jiangsu Province to development PV power projects and it will develop a number of PV power projects, including PV ground-power stations and roof and building integration systems totaling up to 500 [...]
Myriad Gets Earnings & Analyst Boost (MYGN)
Myriad Genetics Inc. (NASDAQ: MYGN) is rising sharply this morning after earnings, or technically after it reported a smaller than forecast drop in profit. So far we have seen one upgrade: Canaccord raised its rating to BUY from HOLD. At 8:55 AM EST we have seen some 156,000 shares trade hands and the stock is [...]
Rumors Keep Driving Human Genome Sciences (HGSI)
Human Genome Sciences Inc. (NYSE: HGSI) is trading up yet again, and on the same news… or at least the same takeover hopes. At 8:48 AM EST we have seen shares up yet another 11% to multi-year highs yet again of $21.40… The 52-week range is $0.35 to $19.98. The volume is now over 800,000 [...]
Capstone Taking Out Recent Highs (CPST)
Capstone Turbine Corporation (NASDAQ: CPST) is surging to recent highs. At 8:43 AM EST we have shares up 10.2% at $1.41 on over 700,000 shares after it named Industrias Energeticas as its newest distributor in Mexico. It also received an order for four C30 C1D2 microturbine systems for offshore oil platforms in the Gulf of [...]
TerreStar Pops (TSTR)
TerreStar Corporation (NASDAQ: TSTR) is catching a bid on active volume this morning, yet no news has been seen. We have shares up 6.5% at $1.30 on over 50,000 shares as of 8:30 AM EST. Average volume is 1.6 million shares and the ultimate trading direction is still up in the air for the day. [...]
Williams-Sonoma Surging to 2009 Highs (WSM)
Williams-Sonoma Inc. (NYSE: WSM) is up sharply after beating earnings and managing to raise guidance. The retailer of home and kitchen items reported earnings of $0.05 EPS, which is $0.14 better than the Thomson Reuters estimate of -$0.09 EPS. It isn’t all pretty here, as revenues fell 18% from this time last year to $672.1 [...]
The Vonage Surge Continues (VG)
Vonage Holdings Corporation (NYSE: VG) is seeing yet another surge. UPDATE at 9:33 AM EST: shares are now up 41% at $2.25 and we have now seen over 12 million shares hit the tape….. News is below. UPDATE AT 8:50 AM EST: Shares have started to back off at least a bit from this morning’s [...]
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